Georgia Association of Licensed Repossessors
Nonprofit profile at a glance
- EIN
- 852105502
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Loganville, GA, USA
- Phone
- 6782577167
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Consumer Protection
Reported finances
- Revenue
- $84,155
- Expenses
- $27,670
- Assets
- $64,324
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- EMILY HEMMINGS (PRESIDENT)
People named in this filing
- EMILY HEMMINGS (PRESIDENT)
- BRYAN DEAN (VICE-PRESIDE)
- LACEY ROBERTSON (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Georgia association of licensed repossessors (galr) is an organization comprised of collateral recovery agency owners/employees/industry vendors. Our goal is to educate our members, financial institutions, law enforcement, and communities with regard to business requirements and ordinances set forth by the cities and counties in the state of Georgia.
What it reported doing in 2024
Annual meeting and other events to connect industry peers, to discuss regulatory issues as well as strenthen understanding between recovery agents, financial institutions, regulatory agencies, and the consumer.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 82
- Sustainability: 72
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.8%; rating input score 23
- Program expense ratio: 69.4%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 67.1%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 2.32; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 22.8% of revenue deployed · 69.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.